XRP has maintained a strong position above $1.90 for over eight months, signaling market support and potential for a breakout.
Analysts anticipate a significant rally for XRP, with price targets ranging from $30 to $50 in the next market cycle.
Ripple's institutional moves, including applying for a banking charter and progress in the legal battle with the SEC, have boosted investor confidence in XRP.
XRP's consistent holding above key support levels and increasing transaction volume, coupled with talks of a possible spot ETF, have analysts predicting a 1,500% rally from current levels.